Alphabet Inc
After Zuckerberg spent billions on an AI ‘dream team,’ he has to deliver for Meta shareholders
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event on Wednesday, Sept. 25, 2024. Bloomberg | Bloomberg | Getty Images When Mark Zuckerberg feels the heat, he opens his wallet. The 41-year-old Facebook founder and Meta CEO is on a spending spree like never before in an effort to position […]
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Meta approached Perplexity before massive Scale AI deal
Meta approached artificial intelligence startup Perplexity AI about a potential takeover bid before ultimately investing $14.3 billion into Scale AI, CNBC confirmed on Friday. The two companies did not finalize a deal, according to two people familiar with the matter who asked not to be named because of the confidential nature of the negotiations. One […]
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Meta, EssilorLuxottica unveil Oakley smart glasses
Meta CEO Mark Zuckerberg presents Orion AR Glasses as he makes a keynote speech during the Meta Connect annual event at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta and EssilorLuxottica on Friday unveiled a new line of Oakley smart glasses that include the social media company’s […]
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Meta tried to buy Ilya Sutskever’s $32 billion AI startup, but is now planning to hire its CEO
When Meta CEO Mark Zuckerberg poached Scale AI founder Alexandr Wang last week as part of a $14.3 billion investment in the artificial intelligence startup, he was apparently just getting started. Zuckerberg’s multibillion-dollar AI hiring spree has now turned to Daniel Gross, the CEO of Ilya Sutskever’s startup Safe Superintelligence, and former GitHub CEO Nat […]
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Google is using YouTube videos to train its AI video generator
Silhouettes of laptop and mobile device users are seen next to a screen projection of the YouTube logo. Dado Ruvic | Reuters Google is using its expansive library of YouTube videos to train its artificial intelligence models, including Gemini and the Veo 3 video and audio generator, CNBC has learned. The tech company is turning […]
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Google looks likely to lose appeal against record $4.7 billion EU fine
Google suffered a setback Thursday after an advisor to the European Union’s top court recommended it dismiss the tech giant’s appeal against a record 4.1-billion-euro ($4.7 billion) antitrust fine. Juliane Kokott, advocate general at the European Court of Justice, advised the court to throw out Google’s appeal and confirm the fine, which was reduced in […]
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Scale AI not ‘winding down’ following Meta deal, interim CEO tells employees and customers
FILE PHOTO: Jason Droege speaks at the WSJTECH live conference in Laguna Beach, California, U.S. October 22, 2019. Mike Blake | Reuters Scale AI’s Interim CEO Jason Droege said in a memo on Wednesday that the artificial intelligence startup is not changing course following Meta’s multibillion-dollar investment in the company last week. “Unlike some other […]
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Waymo cars are coming to New York, but with a driver behind the wheel
Waymo driverless vehicles wait at a traffic light in Santa Monica, California, on May 30, 2025. Daniel Cole | Reuters Residents of New York City will soon start seeing Waymo cars cruising the avenues. But at least for now, a human will be in the driver’s seat. Alphabet‘s self-driving car unit announced on Wednesday that […]
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OpenAI is winding down its work with Scale AI, whose founder is joining Meta
Open AI CEO Sam Altman speaks at the annual Snowflake Summit in San Francisco, California on June 02, 2025. Justin Sullivan | Getty Images News | Getty Images OpenAI is winding down its work with Scale AI, the artificial intelligence startup that received a multibillion-dollar investment from Meta earlier this month and saw its founder […]
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Amazon’s Zoox boosts robotaxi production ahead of first commercial launch in Las Vegas
Amazon’s Zoox robotaxi unit is ramping up vehicle production at a new facility in Hayward, California. Zoox Amazon-owned autonomous vehicle startup Zoox on Wednesday opened a sprawling new manufacturing facility in the San Francisco Bay Area, paving the way for more robotaxi production as it plans a commercial rollout of its fleet later this year. […]
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